NOT LISTED FOR SALE

1530 S Lake George Dr Mishawaka, IN 46545

Estimated Value: $390,000 - $591,964

0.29 Acre
$1,701,912 Price per Acre
12,554 Sq Ft Lot

Last Sold September 10, 2022

Last sale price $70,000 $27 Per Sq Ft

Est. 601% increase in value since last sale

Current estimated payment $2,830/month

50 Days on Market

Highlights

  • Waterfront
  • Schmucker Middle School Rated A
  • Lake, Pond or Stream

About This Lot

As of September 2022

Last Villa lot in the Forest and one of the few available Villa lots available in area. This lot is ideally located near shopping, dining, medical facilities, and most Universities on County are very nearby. If you have never driven into this Hidden Gem you need to. Lot sits on a pond and is a very tranquil setting. Choose your own floor plan and lot is ready for you to break ground.

Last Agent to Sell the Property

James Clauson

Keller Williams Realty Group Listed on: 06/23/2022

Keller Williams Realty Group

Last Buyer's Agent

James Clauson

Keller Williams Realty Group Listed on: 06/23/2022

Keller Williams Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,372

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 81x155
  • Waterfront
  • Finished Lot(s)

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Driveway

Schools

  • Walt Disney Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-03-201-016.000-022

Community Details

Overview

  • The Forest Subdivision
  • The community has rules related to building or community restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,372

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 71 The Forest
  • Parcel Number ID: 71-09-03-201-016.000-022
  • Platted: Yes
  • Location: City, Near College Campus
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 87.61
  • Parcel Description: Level, Waterfront, Planned Unit Development, Cable Available, Water View
  • Restrictions: Building Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Side Of Road: West
  • Type Use: Residential
  • Year Taxes Payable: 2020
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 225
  • Association Fees Frequency: Monthly

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Walt Disney
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Walt Disney

Lot Info

  • Lot Dimensions: 81x155
  • Estimated Lot Sq Ft: 12554
  • Estimated Lot Size Acres: 0.2882
  • Lot Number: 71
  • Improvements: Storm Sewers, Street Lights, Underground Service

Tax Info

  • Annual Taxes: 1372
  • Total Assessed Value: 100

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 8, 2022
Sold by
Place Andrew W and Place Annetta J
Bought by
Compton Michael and Compton Paula
Seller's Agent
James Clauson
Keller Williams Realty Group
Buyer's Agent
James Clauson
Keller Williams Realty Group
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Views
29
Current Estimated Value
$490,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,491
Avg. Annual Appreciation
88.94%

Purchase Details

Closed on
Jun 15, 2022
Sold by
Place Realty Inc
Bought by
Place Andrew W and Place Annetta J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Compton Michael -- None Listed On Document
Place Andrew W -- Metropolitan Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2022 09/10/22 Sold $70,000 -12.4% $27 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $79,900 -- $31 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $48 $457,700 $113,700 $344,000
2023 $18 $1,600 $1,600 $0
2022 $18 $600 $600 $0
2021 $3 $100 $100 $0
2020 $1,372 $68,600 $68,600 $0
2019 $1,372 $68,600 $68,600 $0
2018 $11 $500 $500 $0
2017 $11 $500 $500 $0
2016 $11 $500 $500 $0
2014 $9 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202225275

Indiana Regional MLS

APN: 71-09-03-201-016.000-022